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Saudi Arabia approves SR5bn in loans to build 12,400 homes
- Saudi Arabia: Wednesday, January 16 - 2013 at 07:19
Saudi Arabia's Real Estate Development Fund (REDF) has approved a new round of loans for the construction of new housing units in different parts of the kingdom, Arab News has reported. The total value of loans approved for building 12,472 homes in different cities and towns would reach SR5.19bn, said Muhammad Al-Abdani, the director general of REDF.
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